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Homeowners Lack Cvg Knowledge

Tuesday, March 11th, 2003 Property

Identity theft is very much on the minds of homeowners, even if they are confused about whether their policies cover it, according to a recent carrier commissioned survey . The survey results, released by Novato, Calif.-based Fireman's Fund Insurance Company, say nine out of ten U.S. homeowners also say they have concerns about becoming the victims of identity theft. According to the online survey of 1,129 homeowners throughout the United States, conducted by Harris Interactive, 97 percent say they have heard of identity theft. Nearly one in four knows someone who has been a victim. More than half, 61 percent, are unsure whether their homeowner's insurance policy would compensate them for expenses entailed in recovering their credit following this type of fraud. Only 11 percent of the homeowners surveyed believe that their policy protects them.


External References & Further Reading
http://www.nationalunderwriter.com/pandc/hotnews/viewPC.asp?article=3_11_03_10_8284.xml
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